RE:RE:RE:A Few ThoughtsI agree that improvement is needed in terms of communication with shareholders and investors. Let's see how the new CEO will handle this dimension of his job. As to the question why DG has stepped down, well, let's not forget he has reached retirement age, the answer could be as simple as that. In the case of Calnano, he is still in the BoD, standing behind the new CEO.
Speaking of Calnano, I definitely agree that this Monzite acquisition could bemefit to them. Calnano has already been involved in providing SPS services in the semiconductor space, now with Monzite chip fabrication will be part of Omni-Lite's business. In other words, one has to look at the three entities together, Omni-Lite, Monzite and Calnano that is, in order to fully assess the rationale of this M&A.
It was about time for Omni-Lite to take a risk and get something done. There is no such thing as a perfect M&A that would from the start give assurance of success, there are always challenges and question marks. It depends on how well management will execute the plan. This is a great opportunity to reward shareholders. And the new CEO is himself an important shareholder.